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Investor Guide
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XBRL Symposium to Examine Impact on Investor Relations Industry and Financial Community
March 20th Event Sponsored by Business Wire and EDGAR Online
NEW YORK CITY - March 7, 2003 - Business Wire and EDGAR Online, Inc. (Nasdaq: EDGR) are co-sponsoring an investor relations symposium focusing on XBRL, the emerging global financial reporting platform that promises to have a substantial impact on the way that the financial community and news media access and analyze corporate information. The March 20th conference brings together a prestigious panel of experts who will distill in layman's terms the benefits of XBRL (Extensible Business Reporting Language), and the need for the investor relations industry to understand its important implications in terms of how they disseminate data to key audiences.
The prominent panel includes:
- Alfred R. Berkeley, vice chairman, NASDAQ Stock Market, Inc., will
discuss how XBRL will increase the visibility of all listed companies;
- Rob Blake, director of XBRL, Microsoft, will provide a guide to
available XBRL tools for companies seeking to become XBRL-compatible;
- Walter Hamscher, chairman, XBRL International, will examine how
XBRL will improve corporate disclosure and control corporate compliance costs;
- Paul Penler, principal, Ernst & Young, will look at how XBRL
facilitates the accounting industry's role in auditing corporate
financial disclosures, and
- Mark Schnitzer, executive director, Morgan Stanley, will explain
how XBRL enables analysts to work with corporate data more easily, and
the resulting benefits to shareholders and other corporate stakeholders.
- Liv A. Watson, director of XBRL, EDGAR Online, Inc., will serve
as moderator.
Admission to the symposium, which is being held in midtown Manhattan between the hours of 9 a.m. and 11 a.m., is free to Business Wire members and EDGAR Online clients. CCBN, Business Wire's webcasting partner, will provide a live webcast of the event. Webcasting details will be provided in a media advisory closer to the March 20th event, and will be posted on Business Wire and EDGAR Online's web site.
ABOUT BUSINESS WIRE
Business Wire was founded in 1961 by its chairman/CEO, Lorry I. Lokey, veteran journalist and public relations executive. Business Wire's multi-channel delivery network provides real-time, simultaneous access to key audiences--the news media, trade publications, institutional and individual investors, business-to-business decision-makers and consumers. The company electronically disseminates some 1,000 full-text news releases daily to the news media, the Internet, online services and databases, and the global investment community. Business Wire has network access to some 60 international and national news agencies, financial information providers, and Web-based news services throughout North America, Europe, Asia, Latin America, the Middle East and Africa. Business Wire has 26 U.S. offices, plus Frankfurt, London and Brussels offices, and reciprocal offices worldwide.
About EDGAR Online, Inc.
EDGAR Online, Inc. (www.edgar-online.com) is a leader in the business information industry, specializing in the extraction, packaging and distribution of public company information contained in SEC filings. Based in Norwalk, Connecticut, with offices in Maryland and New York City, the company sells subscription products, data and services to financial institutions, corporations and law firms.
ABOUT CCBN
CCBN (Corporate Communications Broadcast Network) is the global leader in enabling direct communications between public companies and the investment community over the Internet. CCBN builds, manages and hosts the investor relations (IR) sections of Web sites for more than 2,500 public companies, providing in-depth shareholder information through interactive, multi-media solutions. In addition, CCBN hosts live and archived quarterly conference calls for more than 4,000 corporations each quarter.
"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. EDGAR Online, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by EDGAR Online, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the online business and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, risks in connection with our recent acquisition and other acquisitions which we may consummate in the future, the time and expense involved in such development activities, the level of demand and market acceptance of our services and changes in our business strategies.
EDGAR is a federally registered trademark of the U.S. Securities and Exchange Commission (SEC). EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. EDGAR Online is a product of EDGAR Online, Inc.
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